Banks in particular rely heavily on personal credit score and are unlikely to give a loan to a business owner with a credit score under 650. Should lenders and investors write off such borrowers?
ABOUT THE AUTHOR
Joe Camberato is the CEO and Founder of National Business Capital. Beginning in 2007 out of a spare bedroom, Joe and his team have financed $2+ billion through more than 27,000 transactions for businesses nationwide. He’s made it his calling to deliver the educational and financial resources businesses need to thrive.